How are royalties shared?
Under Harvard’s current policy on royalty sharing (which is presently under review), net royalties are shared with the inventors, the inventors’ department and school, as well as with the University. Half of the department share is made available to the inventing laboratory. In the case of multiple inventors, OTD will divide the inventors’ share equally among all inventors. When there are multiple patent filings for a single invention, the inventors’ allocations are generally weighted by the number of times each inventor appears on the active US applications and patents. The inventors may, however, agree among themselves on a different allocation method. When multiple technologies are licensed as a portfolio, the inventions are generally regarded as having equal value although OTD may determine relative values when it is clear that treating the inventions equally would be unfair. The inventors may, of course, agree among themselves on a different allocation. An inventor may waive his/h
